In French PCG, “Amortissement” refers to
In French PCG, “Amortissement” refers to:
A. Appreciation
B. Depreciation
C. Amortization (intangible assets)
D. B and C
Answer: D
Explanation: In French accounting, “Amortissement” is a broad term that refers to the allocation of the cost of both tangible and intangible fixed assets over their useful lives. For tangible assets (e.g., equipment), it is equivalent to depreciation; for intangible assets (e.g., patents), it is equivalent to amortization in English accounting.
